Budget Rent-a-Car, one of the world’s top three car rental companies, has signed a cooperation agreement with Miles & More, Europe’s leading frequent flyer programme, to become the scheme’s first global, value car hire brand.

From 1 August 2010, Miles & More members can earn a minimum of 500 Miles & More award miles for every car rental booking made with Budget worldwide. The award miles can then be redeemed for many benefits including future car rental bookings made with Budget*.

To coincide with the launch of the partnership, Miles & More members can also benefit from two attractive promotions. This includes double award miles for every global car rental booking made in August and September**, and the chance for members to win their global car rental needs for a year by entering a free prize draw on www.miles-and-more.com (no purchase necessary, terms and conditions apply).

Olivier van Marcke, General Manager, Budget Rent-a-Car EMEA said: “We are delighted to announce our new partnership with Miles & More, and look forward to offering not just award miles to members but outstanding value, and great quality car rental. Our extensive worldwide network – including over 800 major airports – will allow us to serve the needs of Miles & More’s growing membership across the globe.”

Carsten Schaeffer, Managing Director Miles & More International, welcomes Budget as the fifth car rental partner within the Miles & More programme: “The integration of Budget underlines our direction to diversification. We are happy to offer the opportunity of earning award miles with Budget to our members. The broad and international Budget network, as well as the value concept, brings another benefit to our partner portfolio”.

Budget Rent-a-Car operates at over 3,400 locations within 128 countries worldwide, including more than 800 airports. For more information visit Budget at www.budget.co.uk.

Miles & More began in 1993 with seven partners drawn from the hotel and car rental sectors. Today, with 19 million members, Miles & More is Europe’s leading frequent flyer programme. 28 Star Alliance partners, more than 20 other airline partners and over 250 partner companies from almost all branches of industry and commerce offer members numerous opportunities to earn and spend miles. To learn all about the Miles & More programme visit www.miles-and-more.com.